The Bank of Thailand is poised to tighten monetary policy if inflation breaches its target ceiling, according to ANZ Research. Headline inflation is expected to average 3.6% year-on-year in the second quarter, surpassing the central bank's 1-3% target range. Economists now anticipate the BOT will begin raising rates in August, delivering two consecutive 25 basis point hikes that would push the policy rate to 1.50% by October from the current 1.00%.

Allianz posted a new record operating profit, sending shares up 2.3% to 376.80 euros. Jefferies analysts note that low catastrophe losses won't be an ongoing tailwind, though further improvement remains possible. The life business faced headwinds from foreign exchange effects and joint venture stake sales. Asset management flows were healthy, lifting revenues and improving the cost-income ratio.

Zurich Insurance reported solid premium volume trends across its specialty, middle-market and life-protection segments in its first-quarter update. The Swiss insurer sees itself well positioned to meet or exceed its 2027 financial targets. Investors remain focused on the integration of its recent Beazley acquisition, with shares rising 3.7%.